If you have ever changed jobs or you have already started saving for retirement, you have likely encountered both Traditional ...

Although Colorado taxes Social Security benefits, some retirees can exclude all their Social Security benefits from their ...

Answer: If you got a deduction for contributing this money, and you want to keep the funds you’re required to withdraw, then yes, you have to pay taxes on these distributions.

Retirement plans such as 401(k)s and IRAs are powerhouse savings accounts, giving you a tax break either when you contribute to the account or when you withdraw your money — plus taxes are deferred ...

How can you identify gaps and hidden assumptions in your tax plan for retirement? The solution may be stranger than you think ...

The transition to retirement — going from a steady paycheck to living on a fixed income or pension — can be difficult to navigate. In addition — with inflation, tariffs and potentially soaring rates — ...

If you want the flexibility to be able to tap into your retirement savings if needed, the Roth IRA is your best bet. You can ...

Discover how the IRS's Rule 72(t) lets you make penalty-free withdrawals from IRAs and other retirement accounts, including key calculations and examples.

When you claim Social Security, up to 50% to 85% of your benefit is taxable, depending on your overall income level. You may find that the combination of Social Security benefits, withdrawals from tax ...

(k) required minimum distributions start at age 73. Understand how to calculate when you have to take RMD withdrawals from ...

You never escape income taxes, but IRAs can help you control when you pay them, possibly lowering your lifetime tax payments. Roth IRAs are exempt from required minimum distributions, a boon if it’s ...

It's a question investors have been asking themselves since they were first given the choice back in 1998: Do I take my tax break now and pay taxes later, or do I pay my taxes now and enjoy tax-free ...